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Conmed (MEX:CNMD) Shiller PE Ratio : 44.41 (As of May. 03, 2025)


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What is Conmed Shiller PE Ratio?

As of today (2025-05-03), Conmed's current share price is MXN1454.00. Conmed's E10 for the quarter that ended in Mar. 2025 was MXN32.74. Conmed's Shiller PE Ratio for today is 44.41.

The historical rank and industry rank for Conmed's Shiller PE Ratio or its related term are showing as below:

MEX:CNMD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 35.73   Med: 69.69   Max: 142.78
Current: 42.52

During the past years, Conmed's highest Shiller PE Ratio was 142.78. The lowest was 35.73. And the median was 69.69.

MEX:CNMD's Shiller PE Ratio is ranked worse than
71.23% of 285 companies
in the Medical Devices & Instruments industry
Industry Median: 26.87 vs MEX:CNMD: 42.52

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Conmed's adjusted earnings per share data for the three months ended in Mar. 2025 was MXN3.887. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN32.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conmed Shiller PE Ratio Historical Data

The historical data trend for Conmed's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Conmed Shiller PE Ratio Chart

Conmed Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.09 104.41 90.46 104.30 50.67

Conmed Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.40 60.56 55.47 50.67 44.52

Competitive Comparison of Conmed's Shiller PE Ratio

For the Medical Devices subindustry, Conmed's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Conmed's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Conmed's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Conmed's Shiller PE Ratio falls into.


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Conmed Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Conmed's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1454.00/32.74
=44.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Conmed's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Conmed's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.887/134.9266*134.9266
=3.887

Current CPI (Mar. 2025) = 134.9266.

Conmed Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 4.236 100.684 5.677
201509 5.407 100.392 7.267
201512 4.815 99.792 6.510
201603 -1.377 100.470 -1.849
201606 1.849 101.688 2.453
201609 5.027 101.861 6.659
201612 4.948 101.863 6.554
201703 -3.013 102.862 -3.952
201706 3.977 103.349 5.192
201709 4.718 104.136 6.113
201712 32.405 104.011 42.037
201803 6.722 105.290 8.614
201806 5.895 106.317 7.481
201809 3.741 106.507 4.739
201812 10.603 105.998 13.497
201903 0.776 107.251 0.976
201906 3.650 108.070 4.557
201909 4.541 108.329 5.656
201912 9.241 108.420 11.500
202003 4.690 108.902 5.811
202006 -22.159 108.767 -27.488
202009 5.081 109.815 6.243
202012 16.113 109.897 19.783
202103 6.337 111.754 7.651
202106 8.161 114.631 9.606
202109 9.664 115.734 11.267
202112 15.386 117.630 17.648
202203 9.358 121.301 10.409
202206 -113.667 125.017 -122.677
202209 29.770 125.227 32.076
202212 16.767 125.222 18.066
202303 1.081 127.348 1.145
202306 7.372 128.729 7.727
202309 8.709 129.860 9.049
202312 17.823 129.419 18.581
202403 10.456 131.776 10.706
202406 17.587 132.554 17.902
202409 30.914 133.029 31.355
202412 22.524 133.157 22.823
202503 3.887 134.927 3.887

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Conmed  (MEX:CNMD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Conmed Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Conmed's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Conmed Business Description

Traded in Other Exchanges
Address
11311 Concept Boulevard, Largo, FL, USA, 33773
Conmed Corp is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgeries. The Company's products are used by surgeons and other healthcare professionals in a variety of specialties including orthopedics, general surgery, gynecology, thoracic surgery and gastroenterology. Geographically operates in USA, Europe, Middle East & Africa, Asia Pacific and North America. Majority is revenue is from USA.